Chef Mochi, Head Chef at PancakeSwap – a multichain all-in-one DeFi hub – joined us for an episode to discuss the basics of PancakeSwap, how it works, the market, what makes PancakeSwap unique, expanding to new chains, current growth drivers and challenges, economic model, the CAKE token, plans for the future, and more.

PancakeSwap’s dashboard: https://tokenterminal.com/terminal/projects/pancakeswap

PancakeSwap:

Site: https://pancakeswap.finance/

Twitter: https://twitter.com/PancakeSwap

Chef Mochi: https://twitter.com/chef_mochi

Make sure to leave a comment if you have any questions 🙌

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Timestamps:

00:00 Introduction

00:42 What is PancakeSwap?

02:52 What problem does PancakeSwap solve? 

03:38 Core products and their features

05:37 The market & how PancakeSwap is positioned within it

07:50 Analyzing market potential

09:17 Launching PancakeSwap on Ethereum

11:39 Main differences in building on BNB Chain vs. Ethereum

12:37 Approach to capturing market share on new chains

13:49 The team behind PancakeSwap

15:18 Overview of the economic model & stakeholders involved

16:19 Growth drivers & challenges

17:28 The CAKE token & incentives

18:39 What’s next for PancakeSwap?

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The information provided in this episode does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Token Terminal does not recommend that any cryptocurrency or token should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

#PancakeSwap #DeFi #TokenTerminal